TECH SCENE

Top 5 British FinTech Startups

LONDON: The great city of London has been the traditional capital of finance and business for the world. More recently, it has also become...

Microsoft’s market value overtakes Apple

SAN FRANCISCO: Microsoft Corp’s (MSFT.O) stock market value closed above Apple Inc’s (AAPL.O) for the first time in eight years on Friday as the...

Cryptocurrency market crash of 2018

LONDON: This week has seen the most spectacular cryptocurrency market crash of 2018, with bitcoin price dropping to as low as $4,119.  In the start...

Bitcoin drops as Coinbase launches Bitcoin Cash

HONG KONG: Bitcoin prices plunged about 15 percent in Asian trade on Wednesday before recouping some of the losses. Bitcoin fell Tuesday after Coinbase, the...

Uber’s revenue hits $6.5 billion in 2016, still has large loss

Ride-hailing service Uber Technologies Inc generated $6.5 billion in revenue last year and its gross bookings doubled to $20 billion, the company said on...

Abe, Merkel call for open markets

HANOVER: German Chancellor Angela Merkel and Japan's Prime Minister Shinzo Abe issued a staunch joint defence of free trade Sunday, as the United States...

Brexit hits London jobs

LONDON: The number of jobs available in the British capital London has dropped by a quarter at a time when businesses are beginnging to...

Intel buys Israeli tech car firm Mobileye for $15.3 billion

LONDON: The computing giant Intel has agreed to acquire Mobileye, Israeli car tech firm known for autonomous driving technology for $15.3 billion. The deal is reported to be the...

Brazil’s fast-growing fintechs form groups to discuss regulation

SAO PAULO: Financial technology firms in Brazil are grouping to discuss with local watchdogs how to regulate the fast-growing sector, in which the number...

DISRUPTIVE INNOVATION

Second bitcoin futures debut could lure volume to wild market

NEW YORK: Bitcoin investors expect futures volumes to perk up when CME Group Inc, the world’s largest derivatives exchange operator, launches its own contract...

AI revolution will be all about humans, says Siri trailblazer

It's 2050 and the world revolves around you. From the contents of your fridge to room temperature -- digital assistants ensure your home runs smoothly....

Work on South Africa’s $72 billion nuclear plant to start in June

JOHANNESBURG: South Africa's tender for the estimated 1 trillion-rand ($72 billion) expansion of its nuclear power plants will begin in June when state utility Eskom...

Intel buys Israeli tech car firm Mobileye for $15.3 billion

LONDON: The computing giant Intel has agreed to acquire Mobileye, Israeli car tech firm known for autonomous driving technology for $15.3 billion. The deal is reported to be the...

Elon Musk to solve Australia’s energy crisis

Australia's prime minister held talks with Elon Musk on Sunday after the US innovator offered to solve the energy crisis plaguing a southern region...

WikiLeaks exposes CIA hacking

LONDON: The CIA can turn your TV into a listening device, bypass popular encryption apps, and possibly control your car, according to a trove...

VENTURE CAPITAL

Khashoggi named Time ‘Person of the Year’

NEW YORK: Time magazine has named slain Saudi journalist Jamal Khashoggi as Time magazine's "Person of the Year".  Khashoggi shared the honour with other targeted...

India’s rupee slides as central bank chief quits

NEW DELHI: India’s rupee plunged on Tuesday after the country’s central bank chief quit following a dispute with the government that analysts say raises...

The World’s 10 Most Powerful Women In Business

NEW YORK: For most of the human history, women have been victims of gender-inequality and sexual discrimination. More recently, we have seen a rise...

N.Zealand beat Pakistan in Test series in 49 years

ABU DHABI: Debutant Will Somerville grabbed three key wickets to guide New Zealand to their first away series win over Pakistan in 49 years...

The 10 most powerful passports in the world

DUBAI: The Passport Index has released its annual Global Passport Power Rank for 2018. Each year the Passport Index compares the passports of 193 countries and...

Dubai’s first synagogue comes to the forefront

DUBAI: The first synagogue in United Arab Emirates comes out of the shadows as relations between Israel and gulf nations grow.  Muslims and Jews have lived...

GADGETS

Top 10 Black Friday Deals

NEW YORK: Black Friday has turned into a weekend and deals are in full swing for Saturday. The sales are on and time is...

Wearable computing market grows as gadgets evolve: IDC

LONDON: The global market for "wearable" computing such as fitness trackers, smartwatches, and software-infused ear pieces is growing strong, according to figures release Thursday...

Air freshener gets smart with an app

LONDON: Home may be where the heart is, but it is most certainly where the nose is. After all, does anything say “home” quite...

MORE TECH NEWS

Air freshener gets smart with an app

LONDON: Home may be where the heart is, but it is most certainly where the nose is. After all, does anything say “home” quite...

Swiss commodities trader to test Blockchain technology

ZURICH: Swiss firm Mercuria, one of the largest commodities traders in the world, will put to test the first large oil trade transaction powered...

Uber to invest more than $60 million in Sao Paulo

SAO PAULO: Ride-hailing service Uber inaugurated a support center in Brazil's biggest city on Tuesday with plans to invest 200 million reais ($62 million)...

Elon Musk to solve Australia’s energy crisis

Australia's prime minister held talks with Elon Musk on Sunday after the US innovator offered to solve the energy crisis plaguing a southern region...

Get ready, 5G is coming

BARCELONA: Stilling thinking and feeling good about 4G? That is so yesterday. Brace yourself because 5G is coming to a cell tower near you...

No to investment in gambling and sex, says China

SHANGHAI: A recent crackdown by China on overseas investments has been assumed to be mainly focused on high-profile acquisitions of things like hotels and...

Facebook launches app for watching its videos on TV

SAN FRANCISCO: Facebook Inc is launching an app for smart TVs that will help the social network's users enjoy its videos on a bigger...

SpaceX to send two people to moon in 2018

WASHINGTON: SpaceX is planning to send two private citizens on a flight around the moon next year, a bold mission that will be the first...

Netflix adds 7 million subscribers in global expansion

CALIFORNIA: Netflix added a record seven million subscribers over the past quarter as part of its global expansion drive, fueling a surge in revenue...

China becomes the world’s biggest solar power producer

HONG KONG: China's installed photovoltaic (PV) capacity more than doubled last year, turning the country into the world's biggest producer of solar energy by...